Integrated radar and camera system delivers a set of active safety systems which include full speed range, adaptive cruise control, adaptive headlamp control, traffic sign recognition, forward collision warning, pedestrian detection, automated braking, and many others. Some of the basic advantages pertaining to these systems include cost saving and fusion of various complementary technologies for reliable safety. Moreover, they are highly compact and deliver great performance for various end user industries that include automobile, aerospace, defense, and many others. Early mover such as Delphi which is supplying its RACam system to Volvo for strengthening vehicle safety features; the module embedded with radar sensing, vision sensing and data fusion in a single module which allows adaptive cruise control, lane-departure warning, forward collision warning, and autonomous braking for pedestrians, vehicles, animals and general objects.
Integrated radar and camera market has been segmented by sensors, processor, applications, and end user industry. Based on the sensors the market is segmented into radial, image, and LiDAR sensors. On the basis of processor, the market is classified into vision & radar, host, and other processors. By applications the market is fragmented into headway alert, collision avoidance, lane tracking, pedestrian detection, enhanced object detection and others. In terms of end user industry, the market is classified into, automotive, aerospace, defense, mining and others.
With a constant growth of active safety characteristics in the automotive market, there is also a consistent upsurge in the complication of the hardware which backs these safety features. They are highly compact and deliver great performance during its operation. Moreover, booming electronic industry will directly impact the demand of the integrated radar and camera over the foreseeable period.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. North America is the dominating market which held a major revenue share in 2017 and APAC is estimated as fastest growing market during the forecast period, mainly driven by rising demand for safety regulations across the region.
Sample Companies Profiled in this Report are:
- Chengdu Huitong West-Electronic Co. Ltd.
- Fuzhou Canwell Import & Export Co Ltd.
- Kestrel Radar Sensors Ltd.
- Sony Corporation
- Iwate Toshiba Electronics Co. Ltd
The methodology for estimating the integrated radar and camera market involved demand in the various industries. The segmentations have been cross-mapped extensively to understand various market dynamics. Simultaneously, the companies involved at integration and distribution level were also studied from the perspective of their services, geographical presence, annual turnover and few other parameters to substantiate the estimations. All these estimations were further validated through primary research and industry experts.